Economy in New Jersey
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| Unemployment Rate | 9.10% | 8.60% |
| Recent Job Growth | 1.70% | 0.35% |
| Future Job Growth | 34.30% | 32.10% |
| Sales Taxes | 0.00% | 5.00% |
| Income Taxes | 2.45% | 4.70% |
| Income per Cap. | $33,404 | $26,154 |
| Household Income | $68,620 | $50,935 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 8.55% | 12.37% |
| Income between 15K and 25K | 7.57% | 10.53% |
| Income between 25K and 35K | 7.76% | 10.88% |
| Income between 35K and 50K | 12.22% | 15.37% |
| Income between 50K and 75K | 18.56% | 20.14% |
| Income between 75K and 100K | 14.58% | 12.41% |
| Income between 100K and 150K | 17.05% | 11.27% |
| Income between 150K and 250K | 9.62% | 5.01% |
| Income between 250K and 500K | 3.76% | 1.86% |
| Income greater than 500K | 0.33% | 0.16% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 16.19% | 14.04% |
| Professional and Related Occupations | 22.88% | 20.61% |
| Service | 13.19% | 14.45% |
| Sales and Office | 28.31% | 26.75% |
| Farming, Fishing, and Forestry | 0.17% | 0.70% |
| Construction, Extraction, and Maintenance | 7.75% | 9.42% |
| Production, Transportation, and Material Moving | 11.49% | 14.05% |
The unemployment rate in New Jersey, NJ, is 9.10%, with job growth of 1.70%. Future job growth over the next ten years is predicted to be 34.30%.
New Jersey, NJ Taxes
New Jersey, NJ,sales tax rate is 0.00%. Income tax is 2.45%.
New Jersey, NJ Income and Salaries
The income per capita is $33,404, which includes all adults and children. The median household income is $68,620.
New Jersey Economy SperlingViews
Winter climate.: Southern New Jersey winter climate is cool to down right cold. The impact of the cold is felt more so due to the area's... (read more)Climate: New Jersey tends to give you all four seasons. Winter's are cold. Spring is pleasant. Summer is "down the shore" time in Jersey. Fall foilage is... (read more)Cost of Living: Political system is just plainly corrupt. Conseuently much needed reform does not appear possible. There are just too many people feeding out of the same trough. Our... (read more)Have an opinion about New Jersey? Leave a commentTo See All SperlingViews for New Jersey Click Here